R&D Tax Incentive - Clinical Trials Determination
Overview
A tax incentive program that deems clinical trial activities as core R&D activities, simplifying application and providing certainty for companies conducting clinical trials. Companies can claim tax benefits on eligible clinical trial expenses when registered with the program.
Eligibility Requirements
Clinical trials must be registered with the TGA (Therapeutic Goods Administration) and have a valid CTA (Clinical Trial Authorisation) or CTN (Clinical Trial Notification) number. All core R&D activities must occur solely in Australia for AOF applications. Activities must be conducted for the purpose of generating new knowledge with outcomes that cannot be known in advance.
Who Can Apply
Relevant Industries
How to Apply
Applications are submitted through the official government portal. Review the eligibility criteria carefully before applying, and ensure all supporting documents are prepared.
Visit the official application page